US Manufacturing Expands for Ninth Consecutive Month! September ISM PMI Edges Down to 54.5 as New Orders Grow but Cost Pressures Heat Up Again

Zhitong Finance APP has learned that U.S. manufacturing continued to expand in September. Although the pace of growth slowed slightly, strong demand and continuously rising orders still provided support for the manufacturing sector. At the same time, rising raw material prices and supply chain transportation delays intensified again, indicating that U.S. manufacturing is facing a new round of cost pressures during its recovery.